Short Interest in Konica Minolta, Inc. (OTCMKTS:KNCAY) Decreases By 20.0%

Konica Minolta, Inc. (OTCMKTS:KNCAY) was the target of a significant drop in short interest in March. As of March 31st, there was short interest totalling 400 shares, a drop of 20.0% from the March 15th total of 500 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 4.0 days. Currently, 0.0% of the shares of the stock are sold short.

Konica Minolta Price Performance

OTCMKTS:KNCAY remained flat at $5.80 during trading hours on Friday. The company’s stock had a trading volume of 36 shares, compared to its average volume of 644. The firm has a market capitalization of $1.43 billion, a P/E ratio of -48.33 and a beta of 0.67. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.54 and a quick ratio of 1.06. The company’s fifty day moving average is $6.44 and its 200 day moving average is $7.53. Konica Minolta has a 12-month low of $4.87 and a 12-month high of $9.30.

Konica Minolta (OTCMKTS:KNCAY) last issued its quarterly earnings results on Thursday, February 6th. The company reported ($0.07) earnings per share (EPS) for the quarter. Konica Minolta had a negative net margin of 0.40% and a negative return on equity of 0.84%. On average, equities research analysts expect that Konica Minolta will post 0.05 EPS for the current year.

About Konica Minolta

Konica Minolta, Inc engages in digital workplace, professional print, healthcare, and industrial businesses in Japan, China, other Asian countries, the United States, Europe, and internationally. It develops, manufactures, and sells multi-functional peripherals, digital printing systems, and related consumables, as well as offers IT and printing solutions and services.